SOLUTION: You have five identical pieces of equipment. There is a 1 in 10 chance that each piece will fail in a year. What is the likelihood that ALL pieces fail in the same year?
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Question 951193: You have five identical pieces of equipment. There is a 1 in 10 chance that each piece will fail in a year. What is the likelihood that ALL pieces fail in the same year? Answer by edjones(8007) (Show Source):